tag:blogger.com,1999:blog-8817171247555815363.post2571221578024448368..comments2024-03-26T05:57:44.937+00:00Comments on True Economics: 1/02/2011: Growth rates in credit and depositsTrueEconomicshttp://www.blogger.com/profile/07350536454228478974noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-8817171247555815363.post-35362355221900508712011-02-02T10:40:57.353+00:002011-02-02T10:40:57.353+00:00Well, I dunno. On the final point, I think it'...Well, I dunno. On the final point, I think it's not unfair to say that a lot of savings are still existing and even increasing, just not in the Irish banks. <br /><br />Not all, or even I suspect a majority, of the withdrawals are withdrawals to meet rising expenditure. They are withdrawals to transfer it somewhere else, because the only worthwhile guarantee regarding holding money in an Irish bank is that it is guaranteed to do your head in. <br /><br />I guess this number is largely unquantifiable though.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8817171247555815363.post-58601289723353459602011-02-02T01:48:20.396+00:002011-02-02T01:48:20.396+00:00now that is wildnow that is wildScootland Economicshttps://www.blogger.com/profile/15761305973067659959noreply@blogger.comtag:blogger.com,1999:blog-8817171247555815363.post-15629806872286610892011-02-02T01:05:15.163+00:002011-02-02T01:05:15.163+00:00The media reports of increased household savings h...The media reports of increased household savings had puzzled me for a long time. That people were able to tighten their belts so much that they could support themselves on decreased incomes and increase savings never made sense.<br /><br />Thanks for clearing this upJohnnyhttps://www.blogger.com/profile/05197073564647408656noreply@blogger.com